What is best strategy for daytrading?

Discussion in 'Trading' started by alasgar, Sep 12, 2017.

  1. ironchef

    ironchef

    I got lots of good advice here on ET.

    Yes, I need it, want to get better.:finger:
     
    #31     Oct 5, 2017
    viruscore1 likes this.
  2. speedo

    speedo

    No need to feed the trolls chef...they eat their young.
     
    #32     Oct 5, 2017
    ironchef likes this.
  3. expiated

    expiated

    This looks pretty low to me. Perhaps my strategy right now should be to buy EURJPY.

    EURJPYproM5.png
     
    #33     Oct 5, 2017
  4. ironchef

    ironchef

    Or sell.
     
    #34     Oct 5, 2017
  5. expiated

    expiated

    No, definitely buy...

    EURJPYproM5.png
     
    #35     Oct 5, 2017
  6. JackRab

    JackRab

    upload_2017-10-6_10-12-17.png

    Depends on where you start your chart....
     
    #36     Oct 5, 2017
    Zodiac4u likes this.
  7. maxinger

    maxinger


    huh? It looks pretty straight forward to me.
    Do nothing since big picture is missing, and there is no reversal up signal.
     
    #37     Oct 5, 2017
  8. JackRab

    JackRab

    The big picture is, that it's been trending up for a year from about 110 and this might just be a pull-back from 134 which we hit around Sep 20th.

    But indeed a good point... OP should know better to get the big picture in his comment. Pretty useless without it. :)
     
    #38     Oct 5, 2017
  9. expiated

    expiated

    "To each his own," is the way I look at it. Personally, I like to finish every single day with at least a few dozen pips profit in my pocket. So if I can buy at 132.07 and sell at 132.14, as I did in this case, it helps to add to my total for the day.
     
    #39     Oct 6, 2017
  10. maxinger

    maxinger

    agree. different people trades differently.
    as long as the method / strategy works for him, that's fine.
     
    #40     Oct 6, 2017